this post was submitted on 08 Mar 2025
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A Boring Dystopia
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Landlording is not a profession.
Handyman is a profession. Real estate management is a profession. Landlording is simply siphoning money through the act of owning something.
The economy can tolerate a finite number of leaches before dying. We currently have too many. The ideal number is zero.
This actually applies to most all investments.
ALL forms of making money from having money need to be abolished completely.
If you're not creating/selling a product or providing a service, you're not EARNING money. Furthermore, rich people getting richer through passive income is the #1 thing diminishing the returns from actually worthwhile endeavors.
So let’s say I’ve saved $100k over the course of 20 years of work. Investing in my friend’s bakery startup (making me a silent partner)… should be abolished??